John L & Grace P Soldoveri Foundation in

Foundation · Grantmaker TOTOWA, NJ EIN: 22-3267801

John L & Grace P Soldoveri Foundation in is a private foundation, based in TOTOWA, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 1 grants totaling $335K. Net investment income was $398K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.0M

+0.5% YoY

Annual Giving

$335K

-14.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$335K

-14.4% YoY

Under IRS private-foundation payout rules, John L & Grace P Soldoveri Foundation in reported a distributable amount of $402K for 2024 — the minimum it must pay out in qualifying distributions.

About John L & Grace P Soldoveri Foundation in

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $1.7M (100%)

States

New Jersey

Cities

Totowa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,015,031	$6,980,919	$7,183,157
Revenue	$506,654	$320,261	$450,175
Expenses	$470,006	$531,319	$493,852
Qualifying Distributions	$383,818	$440,185	$416,105
Net Investment Income	$398,245	$242,200	$383,696
Distributable Amount	$401,552	$379,531	$412,391

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Schedule ($334,651).

Recipient	Purpose	Amount
SEE ATTACHED SCHEDULE TOTOWA, NJ	QUALIFYING DISTRIBUTIONS UNDER SECTION 4942(g)(GENERAL USE - NO RESTRICTION)	$334,651

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL JOHN HINCKLEY	Trustee	2	$8,750
ROBERT C SOLDOVERI	President & CEO	4	$17,500
CHERYL SPADAFORA	Treasurer	6	—
KRISTIN GRACE HINCKLEY	Trustee	2	$8,750

Frequently Asked Questions

How large is John L & Grace P Soldoveri Foundation in?

As of 2024, John L & Grace P Soldoveri Foundation in holds $7.0M in total assets with $507K in annual revenue. It awarded 1 grants totaling $335K in 2024.

Where does John L & Grace P Soldoveri Foundation in operate?

John L & Grace P Soldoveri Foundation in has awarded grants in New Jersey.

What size grants does John L & Grace P Soldoveri Foundation in award?

In 2024, John L & Grace P Soldoveri Foundation in awarded 1 grants totaling $335K — an average of about $335K per grant, based on its IRS Form 990 filings.

How much is John L & Grace P Soldoveri Foundation in required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John L & Grace P Soldoveri Foundation in reported a distributable amount of $402K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John L & Grace P Soldoveri Foundation in's EIN?

John L & Grace P Soldoveri Foundation in's EIN (Employer Identification Number) is 22-3267801. IRS Form 990 filing data is available on this page for 2020–2024.